UPS reached a settlement with the Teamsters National Negotiating Committee that caps severance offers while preserving Teamsters drivers' seniority, per the International Brotherhood of Teamsters. The agreement reduces the risk of a protracted labor dispute and provides modest operational stability, likely having limited near-term financial impact on UPS.
UPS reached a settlement with the Teamsters National Negotiating Committee that caps severance offers while preserving Teamsters drivers' seniority, per the International Brotherhood of Teamsters. The agreement reduces the risk of a protracted labor dispute and provides modest operational stability, likely having limited near-term financial impact on UPS.
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